Lower Merion Library Foundation

Analysis

Lower Merion Library Foundation is a registered charity in United States, based in Ardmore, PA. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lower Merion Library Foundation reported income of $99k and spending of $39k, leaving 60% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $99k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lower Merion Library Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include Hawks View Elementary School PAC ($99k), Noble Public Schools Foundation for Academic Excellence Inc ($99k) and National Association for Campus Activities Educational Foundation ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $181k against liabilities of $0, net assets of $181k.